Derek Hernquist Blog - Latest Comments

Re: Dude, Where’s My Correlation?

Ben — Wed, 26 Jan 2011 14:19:42 -0000

Thanks, just watching and learning from vets from yourself. Two out of 3 guys of those have been pretty formative figures for me- think you can guess which ones.

Re: Dude, Where’s My Correlation?

derekhernquist — Wed, 26 Jan 2011 13:41:07 -0000

thx, I guess we have nothing to discuss :) nice site, James Dalton, Dicky V, and Seth Godin 1st 3 names I see!

Re: Dude, Where’s My Correlation?

Ben — Wed, 26 Jan 2011 13:29:07 -0000

Great post Derek, agree with everything.

Re: Dude, Where’s My Correlation?

derekhernquist — Wed, 26 Jan 2011 11:50:43 -0000

I'm a believer that the collective wisdom is more informed than I could ever be, up until the point where emotions force player hands...go with the trend until it gets kooky

Re: Dude, Where’s My Correlation?

Brianonlineinvestor — Wed, 26 Jan 2011 10:37:45 -0000

I think you make a very good point here. Reason (in the other sense) is not something you see very often in the market these days. Keep your head up and follow the money - it's all you can do.

Re: Is This a Correction?

derekhernquist — Tue, 25 Jan 2011 12:15:43 -0000

should be great, good turnout from the Raleigh group

Re: Is This a Correction?

Rvalue1 — Sat, 22 Jan 2011 12:53:03 -0000

After a long run up, it is natural to expect a pullback. Maybe as we approach DOW 13,000
there is that hesitation ... but why try to put a correction label on something prematurely.
Look forward to seeing everyone on the 29th.

Re: Is This a Correction?

derekhernquist — Fri, 21 Jan 2011 11:36:17 -0000

thx, appreciate you stopping by

Re: Is This a Correction?

TimingSPX — Fri, 21 Jan 2011 09:22:34 -0000

Good insight

Re: Tracking the Earnings Battle

derekhernquist — Wed, 19 Jan 2011 11:04:18 -0000

it gets a little tedious but no more than digging through a balance sheet! I keep separate screens for "0 Since", "1 Since", etc. might be 5-30 per day out of the 800+ universe I track. then some of those become dupes, some show no persistence of volume, etc. I keep 7 days of active windows with appropriate settings, by then if it's a large/small cap there's either a decent idea or there's not. what I'd really like to improve is my ability to chart this beyond the 7 days so that the lookback period automatically defaults to the number of days since the "signal". wish list for now, thanks for stopping by

Re: Tracking the Earnings Battle

Rawtrades — Wed, 19 Jan 2011 09:28:47 -0000

Very interested in reading your observations from this study. For a few stocks in a watchlist this might be OK but could be difficult to do this manually with a whole bunch. I assume you would also be tracking stuff like the daily range of a stock post this major event.

Re: 2011 Goals

Trader CTC — Mon, 17 Jan 2011 21:47:09 -0000

Great stuff! I appreciate #7 especially

Re: A Winning Mindset

derekhernquist — Wed, 12 Jan 2011 14:22:42 -0000

glad you enjoyed it, thanks! feel free to check in anytime, sometimes a detached observer can add just the right focus

Re: A Winning Mindset

Dubble — Wed, 12 Jan 2011 09:22:23 -0000

Excellent post Derek. Working hard on mindset issues every day/nite now. I have muddled along for some time now and am working to incrementally fix things,and build on strengths, to develop a groove that brings me a foundation to build on. Its a big mountain to climb but I will not take No for an answer. Thanks for this little hit of oxygen on the way. Best to you & Family.

Re: Mr. Market’s Clues

derekhernquist — Mon, 10 Jan 2011 08:12:16 -0000

and emerging markets even before that, lots of twists and turns in Mr. Market's psyche! thx for stopping by...

Re: Mr. Market’s Clues

Johnprtl — Sun, 09 Jan 2011 23:35:41 -0000

Be careful. I have it on good authority that Mr.Market is manic-depressive.
It's worriesome that a lot of leaders like BIDU and NFLX have stalled

Re: What Breadth Tells Me

derekhernquist — Fri, 07 Jan 2011 11:33:49 -0000

depends what side of Detroit ur from

Re: 2011 Goals

derekhernquist — Fri, 07 Jan 2011 11:30:18 -0000

thx Mattchoo...lot of dollars burned in that market tuition :)

Re: What Breadth Tells Me

Klesko22 — Wed, 05 Jan 2011 23:41:42 -0000

So what ur sayin is if u encounter bad breadth it doesn't necessarily mean halitosis?

Re: 2011 Goals

Mnfoges12 — Wed, 05 Jan 2011 01:09:50 -0000

Too much good info. to single one out. Rest assured I took notes. Keep it up DH.

Re: 2011 Goals

derekhernquist — Mon, 03 Jan 2011 09:14:12 -0000

thanks, John...as usual, I agree with Bigger's great post. Simply writing this post forced me to cut a few redundancies from my list, and pick out the ones of which I need daily reminders. cheers to you!

Re: 2011 Goals

@hilohub — Sun, 02 Jan 2011 20:03:46 -0000

Terrific post and inspirational. This exemplifies the post making the rounds regarding that blogging and trading go hand-in-hand. http://thisisbigger.com/201...

Re: 2011 Goals

derekhernquist — Sat, 01 Jan 2011 15:52:08 -0000

appreciate the kind words...a little rambling but as Lincoln said, "sorry but I did not have time to write a short one". cheers to you on a great 2011!

Re: 2011 Goals

Beancounter — Sat, 01 Jan 2011 15:32:38 -0000

Absolutely fantastic with the right mix of humility, and quiet confidence.

A courageous and prosperous 2011.

Re: 2011 Goals

derekhernquist — Sat, 01 Jan 2011 10:45:03 -0000

get after it!